Spring fever definitely hit Toronto in the month April with many surprising and not so surprising figures released from the Toronto Real Estate Board. The average price of a detached home still hovers over 1 million dollars where the year of year sales for April were up 13.8%. The most shocking is the increase in price of Condo Townhouse that went up 28.9% over April of last year. Condo sales have almost doubled over the last couple of months that show that the condo market is no where close to bottoming out.
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To read the March 2015 Market Watch click here